Thought Leadership

Professor Jerome Williams: Research confirms suspicions about discrimination against African-American, Hispanic entrepreneurs

Monday, July 7, 2014

Rutgers Business School marketing professor Jerome Williams is one of three authors of new research showing minority entrepreneurs may face one huge obstacle in building their businesses: discrimination.

TAGS: Entrepreneurship Expertise Jerome Williams Marketing Newark Research Thought Leadership

Financial Alumni Network and faculty pay heart-warming, humorous tribute to finance professor Ivan Brick

Monday, June 23, 2014

Faculty members and former students honored finance professor Ivan Brick during an event on June 19 that also showcased the strength of Rutgers Business School’s alumni network, the Executive MBA program and its ties to financial giants such as Prudential and BNY Mellon.

TAGS: Farrokh Langdana Finance Financial Alumni Network Ivan Brick Networking Thought Leadership

Wisconsin Public Radio interviews Nancy DiTomaso on unfair hiring practices towards African-Americans looking for jobs after graduation

Date: 
Friday, June 6, 2014
Location: 
Milwaukee, WI

A new study by the Center for Economic and Policy Research, which shows African-American college graduates are twice as likely to be unemployed than their white counterparts (PDF), is just another finding that speaks to the systemic unfairness of hiring practices, according to Nancy DiTomaso.

DiTomaso is vice dean for faculty and research at Rutgers Business School-Newark and New Brunswick and the author of, “The American Non-Dilemma: Racial Inequality Without Racism.” DiTomaso said that disparities between blacks and whites in terms of employment have been studied for decades: “The findings in this report are not necessarily new, but obviously they’re troubling,” she said.

“One of the reasons I feel this is the case has to do with the way whites help each other in terms of the job search,” she said. “Whites are disproportionately in positions where they have more authority, more decision-making ability – particularly in regard to who gets hired (and) who gets opportunities. Then if blacks are not in those same networks … they are less likely to get access to those jobs.”

Full Article, Audio Recording, Download

TAGS: Faculty Insights Management and Global Business Nancy DiTomaso Rutgers Business School Thought Leadership

Faculty Insight: Professor Michael Santoro shares his impressions of Chinese artist Liu Bolin on the 25th anniversary of Tiananman Square

Date: 
Thursday, June 5, 2014
Location: 
New York City, N.Y.

In the Huffington Post's TED Weekends, Professor Michael Santoro shares his impressions of Liu Bolin's technique in his art and social commentary about contemporary China and a TEDTalk that coincided with the 25th anniversary of Tiananman Square.

To read the piece and see the TEDTalk: 

TAGS: Blogs Michael Santoro Thought Leadership

Faculty Insight: James Abruzzo's opinion piece argues that Congress is behind the times on business policy

Wednesday, June 4, 2014

Institute for Ethical Leadership Co-founder James Abruzzo is an internationally recognized nonprofit and management consultant as well as a researcher and educator. Formerly a managing director of the nonprofit practice at AT Kearney, he currently serves as executive vice president and managing director of the nonprofit practice at DHR International.

TAGS: Ethics Faculty Insights James Abruzzo Management and Global Business The Institute for Ethical Leadership Thought Leadership

Op-Ed by James Abruzzo: successful businesses recognize their corporate social responsibility

Date: 
Wednesday, June 4, 2014
Location: 
Somerville, NJ

Last month, Republicans in the U.S. Senate blocked legislation that would have used building codes to increase energy efficiency.

This theory ignores the reality of business in the post-Friedman era. On sustainability, in all its forms, the most successful businesses recognized their responsibility as corporate citizens and began acting on them decades ago.

Companies share a responsibility to all citizens, not just their employees and shareholders. The citizens and local governments allow the corporation to exist and thrive. They run the fire departments, teach the children of workers, and dry-clean clothing. The government provides all basic services necessary for the company to exist, including maintaining the roads between the private airport and the local headquarters.

“Ethical” corporations realize this and act accordingly.

Full Article

TAGS: Ethics Faculty Insights James Abruzzo The Institute for Ethical Leadership Thought Leadership

Rutgers Business School Vice Dean Koza leads discussion on Middlesex County area's growing interest in global marketplace

Tuesday, May 27, 2014

Mitchell Koza, distinguished professor and vice dean for educational and research outreach at Rutgers Business School, helped to kick off a new economic development series sponsored by the Middlesex County Regional Chamber of Commerce.

TAGS: City of New Brunswick Community Corporate Partners Economics Mitchell Koza Thought Leadership

For the newest college graduates seeking employment, race is still a significant factor

Date: 
Tuesday, May 27, 2014
Location: 
Washington, DC

Nearly five years after the Great Recession officially ended, the struggles and dampened expectations of young college graduates have become a fixture of American politics and even popular culture. But amid all the focus on the difficulties of college-educated millennials, one facet of this upheaval has remained largely unexplored: the continued significance of race.

As a new crop of college graduates joins the American workforce, unemployment rates among minorities with degrees remain distinctly elevated and their economic prospects disproportionately dimmed, a new report (PDF) released by the Center for Economic and Policy Research has found.
http://www.cepr.net/documents/black-coll-grads-2014-05.pdf

In 2013, the most recent period for which unemployment data are available by both race and educational attainment, 12.4 percent of black college graduates between the ages of 22 and 27 were unemployed. For all college graduates in the same age range, the unemployment rate stood at just 5.6 percent. The figures point to an ugly truth: Black college graduates are more than twice as likely to be unemployed.

"This study—its findings, as terrible as they are—honestly should not come as a shock to anyone who is willing to face the truth about employment and unemployment in the United States," said Nancy DiTomaso, a professor at Rutgers Business School who studies inequality and organizational diversity.

Full Article

TAGS: Faculty Insights Management and Global Business Nancy DiTomaso Thought Leadership

Lerner healthcare symposium "validates what we're learning"

Date: 
Thursday, May 15, 2014
Location: 
Newark, NJ

At the annual healthcare symposium sponsored by Rutgers Business School's Blanche and Irwin Lerner Center for the Study of Pharmaceutical Management Issues, many classroom lectures and lessons became a little more meaningful.

"We hear about the theory, the legislation, the big picture," said Michael  Kwatkoski, an MBA student in the Pharmaceutical Management Program. "Something like this puts in all in practical perspective."

The April 30 symposium, "Global Challenges to Pharmaceutical Reimbursements," provided a big-picture, real-world look at the federal government's efforts to reduce healthcare costs while increasing access to medical care. Jonathan Blum, principal deputy administrator at the Centers for Medicare and Medicaid Services, gave the keynote address. Gail Wilensky, a senior fellow from Project Hope, also spoke about the Affordable Care Act.

In a panel discussion moderated by Richard Bagger, a senior vice president at Celgene, a trio of pharmaceutical executives shared their insights about how the new focus on pricing and affordability is impacting the industry's business model – namely the strategy of how companies decide what new medicines to spend time and money developing and taking to market.

The annual symposium is the Lerner Center's signature event, reinforcing its role as a source of thought leadership on issues impacting the pharmaceutical and healthcare businesses. This year's symposium attracted a crowd of more than 70 students, alumni, industry professionals, corporate supporters and media.

In his opening remarks, Professor Mahmud Hassan, the center's director, highlighted some of the strengths of the Rutgers MBA Pharmaceutical Management Program – including the high percentage of graduates who are employed by the industry after completing their MBAs – and how the program benefits from the presence of the 10-year-old Lerner Center. 

Hassan said the goal of the symposium was to produce a "meaningful dialogue" relevant to the growth of the biopharmaceutical industry.

Kwatkoski, who is studying pharmaceutical management and marketing, sat through the three-hour event, absorbing the information and insights. "I enjoyed hearing the perspective of people who have worked in pharma for so many years," he said.

Javiar Rodriguez, a former pharmacist turned MBA student, also said the symposium enriched his studies with practical insights.

"These events bring the real world to us," Rodriguez said. "It validates what we're learning."

Full Article

TAGS: Mahmud Hassan Pharmaceutical Management The Blanche and Irwin Lerner Center Thought Leadership

May the (Insidious) Force Be With You: Urbanophile blog entry

Date: 
Tuesday, May 13, 2014

Too many people think today’s “de facto” segregation in metro areas is the result of personal preferences expressed by individuals, when the fact is that public policy has created the conditions we live with today.  In fact, I see the demise of Jim Crow through the Civil Rights Act and the Voting Rights Act corresponding with the immediate rise of an insidious, “non-racist” racism that shapes our metros today.  Our metro areas have never dealt with this.

In the aftermath of the Donald Sterling controversy, the Atlantic’s Ta-Nehisi Coates posted an on-spot critique of how racism is viewed and how racism is really working in today’s society.  Coates describes how “elegant racism”, that insidious force, shapes where we live, what jobs are available to us, how we’re educated, and who is incarcerated and who isn’t.

This position is further buffeted by research done by Nancy DiTomaso, a business professor at Rutgers University in New Jersey.  In her book, The American Non-Dilemma: Racial Inequality Without Racism, she says this:

“Because whites disproportionately hold jobs with more authority, higher pay, more opportunities for skill development and training, and more links to other jobs, they can benefit from racial inequality without being racists and without discriminating against blacks and other nonwhites. In fact, I argue that the ultimate white privilege is the privilege not to be racist and still benefit from racial inequality.”

There are other strong claims made by DiTomaso in that interview; it (and the book, which I loved) is worth your attention.

Full Article

TAGS: Ethics Management and Global Business Nancy DiTomaso Thought Leadership

Faculty Insight: Institute for Ethical Leadership Co-Director James Abruzzo makes a case on BigThink.com that art world needs its own code of ethics

Friday, May 9, 2014

BigThink.com, an online Think Tank, recently posted an interview with James Abruzzo, co-director of the Institute for Ethical Leadership at Rutgers Business School, arguing in favor of a code of ethics for the art world. Below is the piece that appeared as part of Big Think's Perspectives with a link to Abruzzo's interview.

TAGS: Ethics Faculty Insights James Abruzzo The Institute for Ethical Leadership Thought Leadership

Thought leaders tackle healthcare reform and pharma's changing business model in Lerner Center's annual symposium

Monday, May 5, 2014

With his first year of graduate studies nearly behind him, Michael Kwatkoski has sat through hours of lessons on the pharmaceutical business and the nation’s healthcare system.

TAGS: Alumni Mahmud Hassan MBA Pharmaceutical Management Sharon Lydon The Blanche and Irwin Lerner Center Thought Leadership

Faculty Insight: Nancy DiTomaso Op-Ed in The National Law Journal. Who Really Gains from Preferential Treatment?

Monday, April 28, 2014

Who Really Gains from Preferential Treatment?
Misguided Supreme Court ruling ignores underlying problem: over representation of whites.
Nancy DiTomaso, vice dean of faculty and research, and professor, Department of Management and Global Business

TAGS: Affirmative Action Ethics Faculty Insights Management and Global Business Nancy DiTomaso Thought Leadership

Swiss cable executive shares turnaround story, leadership insights during CEO Lecture Series

Monday, April 28, 2014

After Eric Tveter, chief executive of one of Switzerland’s top cable companies, described what was involved in managing a major turnaround, he offered the crowd of Rutgers Business School students at the CEO Lecture Series on April 21 a different sort of wisdom.

TAGS: Alumni CEO Lecture Series Glenn Shafer MBA Thought Leadership

Chief executive of leading Swiss cable company will share management philosophy at CEO Lecture Series

Thursday, April 17, 2014

Rebuilding one of Switzerland’s leading cable companies wasn’t enough for Eric Tveter, the company’s chief executive officer.

TAGS: CEO Lecture Series Leadership MBA Speaker Events Thought Leadership

Networking bias for, not bias against, has real impact on the job market

Date: 
Monday, April 14, 2014
Location: 
Tuscaloosa, AL

It’s official: the University of Alabama is on the record supporting racial integration – in the year 2014.

Last week Alabama’s Student Senate passed a resolution supporting the complete integration of Greek life at the university. The renewed conversation about race at the historically troubled campus began after a black female student with a 4.3 GPA was denied by all 16 of the school’s sororities. An earlier resolution supporting racial integration had failed by a wide margin.

Public pressure to respond to racism may be greater now than it was in 1963, when Alabama Governor George Wallace stood in the doorway of the school’s auditorium to prevent two black students from registering for classes. But in a practical sense, self-imposed segregation is still commonplace on college campuses and throughout American life. Malicious or not, it helps contribute to racial economic inequality.

Rutgers University Professor Nancy DiTomaso describes this system of voluntary segregation, which emerged since the 1960s, in “The American Non-Dilemma: Racial Inequality Without Racism.” Although de jure (“by law”) segregation is now illegal, de facto (“in fact”) segregation is still a reality. This is true for Greek organizations, which are often nominally integrated but severely homogenous. But de facto segregation extends to all parts of American life. Entire colleges, grade schools, churches and neighborhoods are separated along racial lines, producing distinct social networks in white communities and in communities of color.

This self-segregation causes inequality to reproduce itself. As DiTomaso has written, access to opportunity depends in part on the color of your skin:

Help is typically reserved for people who are “like me”: the people who live in my neighborhood, those who attend my church or school or those with whom I have worked in the past. It is only natural that when there are jobs to be had, people who know about them will tell the people who are close to them, those with whom they identify, and those who at some point can reciprocate the favor.

Full Article

TAGS: Diversity Faculty Insights Management and Global Business Thought Leadership

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